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UiPath, Inc., a leading enterprise automation software company, announced its financial results for the second quarter of fiscal 2024. The company reported revenue of $287.3 million, an ARR of $1.308 billion, and a net cash flow from operations of $44.3 million. Co-CEOs Rob Enslin and Daniel Dines discussed the company’s investments in AI and the potential of AI to unlock value. The company also reported a GAAP gross margin of 83 percent and a non-GAAP gross margin of 86 percent.